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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
6, Bourne Road, Spalding is recorded publicly as a period leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 6, Bourne Road, Spalding is £165,830 and its rental estimate is £703 per month, given the available information and assuming reasonable condition.
6, Bourne Road is a residential building on Bourne Road, Pode Hole, Spalding, PE11 and falls within the PE11 postal district and the borough of South Holland.
6, Bourne Road, Spalding has 21 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6, Bourne Road, Spalding, we estimate a market value of £174,122 and a rental value of £738 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,222 and £654 per month respectively.
Over the last year, 6, Bourne Road, Spalding has seen its estimated sale value decrease by £3,150 (1.9%) and its estimated rental value grow by £34 per month (4.8%). This results in an estimated gross rental yield of 5.1%.
6, Bourne Road, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
The most recent sale of 6, Bourne Road, Spalding completed on 22nd January 2007 at £110,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 17.2% over the period since January 2007.
Over the past 2 years 3 properties have sold within 530 metres of 6, Bourne Road, Spalding, per the Land Registry and our network of Estate Agents.
The latest, on the 13th October 2016, was 10, Bourne Road, Spalding, PE11 1JW, a freehold house which sold for £137,500.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 261 addresses on Bourne Road, Pode Hole, Spalding, PE11, 6, Bourne Road, Spalding comes out as the 258th largest and the 182nd most expensive in our analysis of the public data.
It is also £55k less expensive than the average property across the PE11 district.
From 6, Bourne Road, Spalding, the nearest station is Spalding, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated medium, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, Bourne Road, Spalding, 38.7% of property is privately owned outright and 38.7% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 6, Bourne Road, Spalding, 13.3% of residents are recorded as possessing school level qualifications and 14.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, Bourne Road, Spalding, the average age was 42.3 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 6, Bourne Road, Spalding, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 6, Bourne Road, Spalding, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
